Satori Energy – Public Utility Brokers (Asset Purchase Press Release)

September 5, 2014

David C. Wiers, President of Satori Energy announced today that Satori Energy has acquired certain assets of Waxahachie, Texas based Public Utility Brokers, LLC.

Satori Energy brings its industry-leading back-office processes to support, enhance, and continue to assist the large commercial clients served by Public Utility Brokers over the years. Mr. Wiers noted, “Mark Goodson has a terrific track record of doing the right thing for the customer and we look forward to the opportunity to support Mark and strengthen the service offerings for his clients. We welcome his clients into the Satori family and we will ensure that they experience the same top-level expertise and commitment to create value that all our clients continue to benefit from.”

Mark Goodson, former Chief Executive Officer at Public Utility Brokers commented, “I wanted to ensure our commercial clients were entrusted to a firm known for its integrity and experience in the industry. I have known David for over 10 years and our past working relationship in the early stages of creating the Texas Electricity Professional Association (TEPA) gave me complete comfort in this transaction knowing that clients will benefit.”

The transaction closed in September 2014.

About Satori Energy Satori Energy was founded in 2003, is headquartered in Chicago, and has evolved with the changing electricity markets over the past 11 years. Satori has continued its mission in serving its clients through strategic energy procurement, risk management, market monitoring services, and overall energy management solutions for clients in deregulated markets nationwide. For additional information, please visit http://www.satorienergy.com.

About Public Utility Brokers Public Utility Brokers was founded in 2003 and is headquartered in Waxahachie, Texas. Public Utility Brokers has built a successful aggregation model that currently serves thousands of accounts, primarily with sites located within the state of Texas. For more information, please visit http://www.publicutilitybrokers.com.

Satori Energy – Public Utility Brokers (Press Release Sept 2014)